9 Flags Mini Theme Parks, Inc. provided you with the following data for their operating year ended December 31, 2020:Net sales $12,762,850Discontinued operations loss (before taxes) 3,410,000Cost of goods sold 5,105,000Interest expense 127,830Selling expenses 945,800Administrative expenses 1,235,090Shares of capital stock outstanding, 75,000Tax rate of 40% on all itemsRequired: Using a multiple-step format, prepare an income statement rounded to the nearest dollar for 9 Flags Mini Theme Parks, Inc. for the year ended December 31, 2020.

Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration

What type of negotiating strategy requires the supplier to open its books to the purchasers? a. competitive biddingb. cost-based price modelc. price-based modeld. market-based price modele. transparent negotiations

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.